Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/in-slow-lane-indias-exports-are-stuck-in-the-300-billion-range-for-about-a-decade/articleshow/82059261.cms SynopsisExport growth has been anemic and the country now seems to be stuck at the $300 billion range in global trade. For a
Month: April 2021
A bank in the wallet? RBI has just taken Indian banking to next stage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bank-in-the-wallet-rbi-has-just-taken-indian-banking-to-next-stage/articleshow/82062459.cmsSynopsis Over the last decade, the digital wallet payment system has not only captured a significant market share but also completely revolutionised the payment
Religare Finvest to default on Rs 100 crore NCD payment obligation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/religare-finvest-to-default-on-rs-100-crore-ncd-payment-obligation/articleshow/82070449.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NBFC firm Religare Finvest Limited (RFL) had borrowed Rs 100 crore from Axis Bank by placing non-convertible debentures (NCDs) on a private placement
OCI card holders: Expert Take: All your questions about the recent OCI changes, answered. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/expert-take-all-your-questions-about-the-recent-oci-changes-answered-/articleshow/82059519.cmsSynopsis An important modification introduced by the March 2021 circular changes the reporting obligations of OCI cardholders in India. They now have to report
Smaller auto component suppliers bore a larger impact from pandemic: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/smaller-auto-component-suppliers-bore-a-larger-impact-from-pandemic-report/articleshow/82068434.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis While the number of days for which these large companies held inventory and the number of days after which they received payment for
Prepack Insolvency Resolution Process Regulations notified for MSMEs–tax guru
Clipped from: https://taxguru.in/corporate-law/prepack-insolvency-resolution-process-regulations-notified-msmes.html Parliament is not in session and the President is satisfied that circumstances exist which render it necessary for him to take immediate action,
GST: Failure to Produce Necessary Documents will lead to Cancellation of Registration for Supply of Goods, says Madhya Pradesh High Court
Clipped from: https://www.taxscan.in/gst-failure-to-produce-necessary-documents-will-lead-to-cancellation-of-registration-for-supply-of-goods-says-madhya-pradesh-high-court/110321/ By Taxscan Team – On April 14, 2021 7:39 pm The Madhya Pradesh High Court held that the failure to produce necessary documents will lead to
The myth and magic of unicorns | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-myth-and-magic-of-unicorns-121041400005_1.html According to US-based analytics platform CB Insights’ database, out of a total of 642 unicorns around the world, India has 29 as of
The mis-selling menace | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-mis-selling-menace-121041301493_1.html Sebi order on AT-1 bonds is in the right direction The Securities and Exchange Board of India (Sebi) in an order has imposed
Financiers buy into India’s used car business amid uptick in demand | Business Standard News
lipped from: https://www.business-standard.com/article/automobile/financiers-buy-into-india-s-used-car-business-amid-uptick-in-demand-121041301382_1.html An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs GirnarSoft,
Covid-19 pushed steel exports to record high in FY21: SteelMint data | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/covid-19-pushed-steel-exports-to-all-time-high-in-fy21-steelmint-data-121041300557_1.html Finished steel exports in FY21 stood at 11.65 mn tonnes and semi-finished at 7.25 mn tonnes, up 31% and 153%, respectively, over previous
Hotel industry braces for tougher months ahead amid localised lockdowns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hotel-industry-braces-for-tougher-months-ahead-amid-localised-lockdowns-121041300970_1.html The recovery seen during the past two quarters is set to be disrupted Photo: Shutterstock A strong resurgence in the Covid cases and
India’s start-up sector is on a roll – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/indias-start-up-sector-is-on-a-roll/article34312855.ece Start-ups are faring much better than anyone would have dared predict last year – Getty Images/iStockphoto Seizing the pandemic-driven opportunities, quite a few
Will govt business recharge private banks? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-govt-business-recharge-private-banks/article34312544.ece The move will push privatisation of Indian banking and boost ease of doing business Two recent pronouncements, one by the Prime Minister in
It’s countdown to splitting CMD posts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/its-countdown-to-splitting-cmd-posts/article34312794.ece India Inc must work towards separating the roles of the chairman and MD in right earnest to improve governance The SEBI Chairman recently
Fintech boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/wallets-payment-banks-have-been-unshackled-but-they-must-ensure-data-security/article34312546.ece Wallets, payment banks have been unshackled but they must ensure data security At the recently concluded Monetary Policy Committee meeting, the Reserve Bank
TCS Q4FY21 results do not justify current valuation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/tcs-q4fy21-results-do-not-justify-current-valuation/article34308556.ece The stock now trades at around 31 times its FY22 EPS, well above its one year forward PE of around 22-23 times in
HCL Tech joins Big-15 club of global IT companies with revenue of over $10 billion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/hcl-tech-joins-big-15-club-of-global-it-companies-with-revenue-of-over-10-billion/article34310188.ece Tata Consultancy Services, Infosys and Cognizant are the other Indian companies present in it For the first time HCL Technologies has entered the
G-SAP 1.0: Has RBI embarked on the path of quantitative easing? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/data-stories/data-focus/g-sap-10-has-rbi-embarked-on-the-path-of-quantitative-easing/article34311345.ece?homepage=true While it is similar to QE of advanced economies, the central bank’s programme is short-term in nature, restricted to G-secs and is not
16 applications cleared under PLI for drug intermediates, APIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/16-applications-cleared-under-pli-for-drug-intermediates-apis/article34312731.ece Companies have committed investment of ₹348.7 crore, seek to create 3,042 jobs A total of 16 applications have been approved under the Production-Linked
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